OPINION

Laws of the market are a constant

Over the past few weeks, we have observed a noticeable drop in the price of crude oil on the international market as well as those of other basic raw materials. They have fallen to levels that no one could have predicted a year ago, when the markets showed no sign of price declines and forecasts were gloomy. Greek consumers are well within their rights to expect, within a relatively short period of time, for this also to be reflected in the prices of the products that they consume on a day-to-day basis. If we do not see the prices of consumer products dropping to correspondingly lower levels on the market, the only conclusion we can really draw is that either there is something awfully wrong in the way that the Greek market functions, something that allows for rampant profiteering, or that major companies are ignoring the direction of the international markets. The laws governing the market must be applied at all times, and not only when it is in the best interest of major companies.